Common use of Divestitures Clause in Contracts

Divestitures. Except to the extent prohibited by applicable Laws, if any BTC Recipient relinquishes Control of all or part of a business unit, or a particular function or facility of any BTC Recipient after the Effective Date (each, a “Divested Entity”), then at the request of such BTC Recipient, State Street will continue to provide the Services, including Disengagement Assistance to such Divested Entity for a period of time BTC requests, which period will not extend beyond the earlier to occur of: (a) 24 months after such entity becomes a Divested Entity; or (b) the end of the period during which State Street is required to provide Disengagement Assistance under this Agreement, at the rates and in accordance with the terms and conditions set forth in the applicable Service Modules; provided, that, such Divested Entity agrees in writing with State Street to abide by the terms and conditions of the applicable Service Module and any applicable provisions of this Agreement. The applicable BTC Recipient shall remain primarily liable for the obligations of the Divested Entity under the applicable Service Modules.

Divestitures. Except to the extent prohibited by applicable Laws, if any BTC BFA Recipient relinquishes Control of all or part of a business unit, or a particular function or facility of any BTC BFA Recipient after the Effective Date (each, a “Divested Entity”), then at the request of such BTC BFA Recipient, State Street will continue to provide the Services, including Disengagement Assistance to such Divested Entity for a period of time BTC BFA requests, which period will not extend beyond the earlier to occur of: (a) 24 months after such entity becomes a Divested Entity; or (b) the end of the period during which State Street is required to provide Disengagement Assistance under this Agreement, at the rates and in accordance with the terms and conditions set forth in the applicable Service Modules; provided, that, such Divested Entity agrees in writing with State Street to abide by the terms and conditions of the applicable Service Module and any applicable provisions of this Agreement. The applicable BTC BFA Recipient shall remain primarily liable for the obligations of the Divested Entity under the applicable Service Modules.. Information Classification: Confidential Master Services Agreement -6- BFA-State Street Confidential

Divestitures. Except to the extent prohibited by applicable Laws, if any BTC Recipient relinquishes Control of all or part of a business unit, or a particular function or facility of any BTC Recipient after the Effective Date (each, a “"Divested Entity”"), then at the request of such BTC Recipient, State Street will continue to provide the Services, including Disengagement Assistance to such Divested Entity for a period of time BTC requests, which period will not extend beyond the earlier to occur of: (a) 24 months after such entity becomes a Divested Entity; or (b) the end of the period during which State Street is required to provide Disengagement Assistance under this Agreement, at the rates and in accordance with the terms and conditions set forth in the applicable Service Modules; provided, that, such Divested Entity agrees in writing with State Street to abide by the terms and conditions of the applicable Service Module and any applicable provisions of this Agreement. The applicable BTC Recipient shall remain primarily liable for the obligations of the Divested Entity under the applicable Service Modules.

Divestitures. Except to the extent prohibited by applicable Laws, if any BTC BGI Recipient relinquishes Control of all or part of a business unit, or a particular function or facility of any BTC BGI Recipient after the Effective Date (each, a “"Divested Entity”"), then at the request of such BTC BGI Recipient, State Street will continue to provide the Services, including Disengagement Assistance to such Divested Entity for a period of time BTC BGI requests, which period will not extend beyond the earlier to occur of: (a) 24 months after such entity becomes a Divested Entity; or (b) the end of the period during which State Street is required to provide Disengagement Assistance under this Agreement, at the rates and in accordance with the terms and conditions set forth in the applicable Service Modules; provided, that, such Divested Entity agrees in writing with State Street to abide by the terms and conditions of the applicable Service Module and any applicable provisions of this Agreement. The applicable BTC BGI Recipient shall remain primarily liable for the obligations of the Divested Entity under the applicable Service Modules.